Good MorningEquity markets started the week quietly. Traders and investors are eyeing the CPI data due on Wednesday. CPI is expected to moderate on a month-to-month basis but remain strong on a YOY basis and possibly accelerate at the core level. The risk now isn't so much the CPI data but the price of oil underpinning inflation. With oil prices on the rise and heading to $100 per barrel, another acceleration of inflation should be expected.
This week is the start of peak earnings reporting season for the Q1 fiscal period. The first reports come out on Thursday and Friday, with the big banks reporting on Friday. The analysts have been lowering their expectations so the bar may be easy to bet. The risk in this quarter is that revenue and earnings will miss the consensus or worse, the guidance will be reduced. Int that scenario, the S&P 500 will have little choice but to move lower.
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Healthcare | |
Tilray Brands (NASDAQ: TLRY) reported a mixed quarter and a deal to acquire HEXO that sent the market moving lower. While the news is less than spectacular, there are some takeaways for investors to be aware of. Among them is the consolidation of the Canadian cannabis market, a bonus for busines... Read the Full Story |
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Consumer Discretionary | |
Weight management food and services provider WW International Inc. (NYSE: WW) stock took a 25% spike as it closed its acquisition of telehealth weight loss platform provider Sequence Inc. WW, formerly known as Weight Watchers, has been on a downward trajectory during its restructuring with mountin... Read the Full Story |
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Industrials | |
The 3-D printing market has been slow to take hold, but it is taking hold, and Nano Dimension (NASDAQ: NNDM) is capitalizing on the event. The company offers a range of manufacturing solutions based on 3-D technology, including embedded solutions such as microchips and other components. This means... Read the Full Story |
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From Our Partners | | Palantir, Micron and SanDisk show how fast a stock can become the trade everyone suddenly wants. That's often when investors make their costliest mistake: arriving after the easy part of the move is gone.
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Materials | |
Mining stocks have been out of favor by investors for over a decade. The business model is cyclical, at best. It’s not an ESG-friendly sector. And let’s face it; it was hard to make a case for precious metals in a zero-interest rate environment.
But as the saying goes, that was then... Read the Full Story |
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Materials | |
When turbulence hits the financial markets and the countless assets that compose them, investors typically turn to industries that seem to carry that "stable" factor, as in products or services that will be in demand whether markets and global economies are in a bull cycle or bear cycle. Naturally... Read the Full Story |
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Technology | |
Shares of tech giant Oracle Corporation (NYSE: ORCL) have been on a bit of a stormer since the middle of March, tacking on as much as 17%. For context, this was about double what the tech-heavy NASDAQ index managed to gain over the same time frame.
But there was definitely a bit of coolness in t... Read the Full Story |
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Consumer Discretionary | |
Carmax (NASDAQ: KMX) and the rest of the used car industry have suffered, and the hard times are not over. The good news is that conditions may not worsen, and this company is well-positioned and still positioned for the rebound. The key takeaway from the FQ4 report is that margin was much better ... Read the Full Story |
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Industrials | |
On March 31st, Newsweek named Generac Holdings Inc. (NYSE: GNRC) to its annual list of America’s Most Trustworthy Companies. Ranked #12 out of 31 machinery and industrial equipment makers, the honor was a nod to the customer, employee and investor trust established by the Wisconsin-based com... Read the Full Story |
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Consumer Staples | |
Albertsons Companies (NYSE: ACI) isn’t in an exciting industry, it isn’t a hyper-growth name, and it isn’t even a leading company relative to market cap and scope, and that may be why shares can’t catch a bid. Aside from those failings, Albertsons Companies is a leader rela... Read the Full Story |
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Consumer Staples | |
Although growth is expected to slow, emerging markets remain attractive for long-term investors, and Latin America is particularly interesting. While growth is expected to slow to 2% in 2023, it is expected to reaccelerate in 2024, and Pricesmart (NASDAQ: PSMT) is in a perfect position to capitali... Read the Full Story |
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Wednesday's Early Bird Stock Of The Day Telefônica Brasil S.A., together with its subsidiaries, operates as a mobile telecommunications company in Brazil. Its fixed line services portfolio includes local, domestic long-distance, and international long-distance calls; and mobile portfolio comprises voice and broadband internet access through 3G, 4G, 4.5G, and 5G, as well as mobile value-added and wireless roaming services. The company also offers data services, including broadband and mobile data services. In addition, it provides pay TV services through IPTV technologies; network services, such as rental of facilities; other services comprising internet access, private network connectivity, computer equipment leasing, extended service, caller identification, voice mail, cellular blocker, and others; wholesale services, including interconnection services to users of other network providers; and digital services, such as entertainment, cloud, and security and financial services. Further, the company offers multimedia communication services, which include audio, data, voice and other sounds, images, texts, and other information, as well as sells devices, such as smartphones, broadband USB modems, and other devices. Additionally, it provides telecommunications solutions and IT support to various industries, such as retail, manufacturing, services, financial institutions, government, etc. It markets and sells its solutions through own stores, dealers, retail and distribution channels, door-to-door sales, and outbound tele sales. The company was formerly known as Telecomunicações de São Paulo S.A. - TELESP and changed its name to Telefônica Brasil S.A. in October 2011. The company was incorporated in 1998 and is headquartered in São Paulo, Brazil. | | View Today's Stock Pick |
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